Published online by Cambridge University Press: 05 February 2009
Since the dramatic widening of the international economy in the last quarter of the nineteenth century foreign capital and enterprise have played a prominent role in the export trades of the primary producing countries. That so much initiative should have come from outside is not surprising since the timing of the entry of these countries into world markets was determined by the demands of the industrial nations rather than by their own level of commercial preparation. The establishment of foreign businesses inevitably brought mixed reactions in the host countries, stemming from the recognition that, while local capital and enterprise could not cope with the sudden commercial expansion, foreign interests were in a position to exploit that very fact. Primary producing countries, therefore, sought to impose statutory regulations on export companies designed to safeguard the producers and, more generally, to harmonize business operations with the government's conception of the national interest.
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15 These bodies successively amalgamated and the present Junta Nacional de Granos was established in 1956.
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42 Clearly there was extensive expropriation under Perón (though even he paid handsomely for much of what he took) but the argument is that 1943 was precisely when Argentina decisively broke away from the pattern of development of broadly comparable countries.